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a goal for the european union. after years of very little progress, the e appears to -- the eu appears to have an ally in what has. >> president obama announced the start of trade negotiations on a trade deal. brussels said talks could begin before summer. if successful, those negotiations would result in the biggest financial trade deal ever. >> the eu and u.s. already trade some 2 billion euros worth of goods and services every day. about 1/3 of total global commerce. president obama wants to bring that commerce into what would be the world's biggest free trade zone. the european commission says that would have world wide applications. >> which translates into tens of billions of euros every year and tens of thousands of new jobs. this offers us a great perspective at a time when we are gradually making our way to recovery. most important of all, it is a boost to our economies that does not cost 1 cent of taxpayer money. >> both sides stand to benefit. economists to warn that negotiations will be tough. the eu and washington disagree on issues ranging from industrial trade barriers a
countries with a shared agenda. >> the prime minister give an update on the eu negotiations on the budget. the prime minister will know that -- which comes from the eu plays an important role for some of the recent assemblies when it comes to attracting inward investment. can he give the house an update on the continuation of regional? >> what i would say to the honorable gentleman is that the outcome of the budget leaves the amount of overall a that britain will be receiving broadly summer to the last period at around 11 billion euros. to our changes in the definitions of regions, part of because there's this new concept of a transition region that has come in, and so what we now need to do is to sit down as the united kingdom and work out how best to make sure the money is fairly divided between wales, northern ireland, scotland and england. for our transition regions in england that are looking to benefit but ensure we have discussions and come to good conclusions. >> is my right honorable friend and is the leader of the opposition and the deputy prime minister are both trying to claim
partnership on trade. she'd he wanted to open a new negotiation, a transatlantic partnership with the e.u. is it your feeling that people are going to look at that and say, okay, at least there's a little part of the business agenda he's pursuing by trying to get down trade barriers? >> one of the criticisms is there had been no new free trade initiatives in his first administration. you know, they acted on some that were previously proposed. yeah, obviously that would be something that -- that businesses would -- certainly want to sell to the world, this for sure. that -- >> larry kudlow was on with us last night and said we don't need a new agreement with the e.u. we've already got agreements with most of the countries involved. so we'll see how much value the marketplace puts on that. >> okay. all right. john harwood. becky's got the next story coming up. just -- a classic. it's -- you know, i got to talk to but this. i really -- let's lets beck dee it. do you have a new view on cayman islands? i know bachus says that mr. lew paid his taxes that he was supposed to pay. this was fully w
of government. and the times of london picked up on this piece. a new plan for the eu. the big international news is that the president announced 34,000 troops in afghanistan will come home in a year. >> tonight i can announce that over the next year, another 34,000 american troops will come home from afghanistan. this drawdown will continue and by the end of next year or war in afghanistan will be over. [ applause ] >> i want to bring in richard engel. welcome to both of you. >> nice to be here. again, second in a row. >> let's talk about foreign affairs that had been telegraphed by the white house. he talked about afghanistan, a very brief mention of the middle east. what kind of reaction are you hearing across this part of the world? >> not a great reaction. not much reaction at all. he barely mentioned the middle east. i think people in the middle east had been look iing for a little bit more u.s. leadership on syria. and there's a recognition in the region that syria is a black hole that could suck the other countries into. it. and all the president said was, we continue to oppose assad
north korea about its nuclear weapon program. he said there will be talks with the e.u. about reaching a transatlantic trade agreement. and marco rubio gave the republican response and criticized obama's programs and proposals as more unnecessary deficit spending. joining us for more, head of european g-10 fx bank of america merrill lynch. welcome. >> good morning. >> want to start talking about europe, about cypress where he got back from. first the u.s. dollar, what's happening with the potential fiscal talks. how concerned are you, what does it moon for trading the currency? >> the u.s. dollar has weakened so far this year because of the overall market risk move that we have seen. positive of surprises in the u.s. at the global level. and looking forward, we were bullish on the u.s. dollar because we see a market correction as the u.s. tightens fiscal policy substantially this year. >> how severe of a correction might that -- >> we believe for the rest of the year the euro/dollar will be closer to 1.30 or below, 1.35. >> really? >> also last week we believe in the way there's a ceil
nutrition, be well fed and a safe food supply. it is an honor to may pa*eu -- pay tribute to those at kansas state university, to make sure it remains a place of higher education and learning in our state, but also to make certain that kansas state university, manhattan, kansas, is always that place called home, where students from across our state and around the globe feel like they found a family and a place to learn and improve their lives and to make certain that they contribute to the betterment of our world. it's an honor to be here with one of the most distinguished alumnus of kansas state university, my colleague and friend, senator roberts, to wish that kansas state university many more years of success in providing education to our students and moving our state forward in ways that will only benefit not only this generation but those that follow us. so congratulations, can -- kansas state university. happy 150th birthday. mr. president, i yield back to the senator from kansas. mr. roberts: i thank my dear friend and colleague more specially for highlighting what k-state is all abou
friends in china, brazil and india need to be very offensive to. connell: eu ambassador to the u.s., thanks a lot. dagen: jack lew's confirmation hearing underway. he is facing some heavy scrutiny for his time spent. connell: rich edson is following this for us on capitol hill. rich: president obama pointed out that romney's time as a banker. all of that. also, jack lew's pay at citibank. >> in 2008 i was in employee in the private sector. i was compensated for by work. i will leave for others to judge. rich: that is something that republicans are calling hypocrisy. jack lew is saying he would like to get both individual and business tax reform done. republicans have been floating at the corporate side at 25%. it would be challenging to get there. he would like to, on the individual side, raise some revenue. he says he is looking forward to working with lawmakers on overhauling both the individual and corporate tax codes. something that will probably take an awful long time here. dagen: thank you. rich edson in washington. connell: we have charlie rangel coming up. you probably h
is a challenge t to all of us on both sides of the 50eu8, bot-- bothsides of the aisle, bs of the rotunda, to take the student debt crisis seriously. madam president, i yield the floor and i suggest the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call: william quorum call:
Search Results 0 to 8 of about 9 (some duplicates have been removed)